During Wednesday morning hours, the GBP/USD exchange rate touched the 1.4200 mark.
Since Tuesday, the EUR/USD currency pair has been trading sideways in the 1.2160 area.
The New Zealand Dollar has surged by 84 pips or 1.15% against the US Dollar since yesterday's trading session. The currency pair tested the upper line of an ascending channel pattern during the London session on Wednesday.
The US Dollar has declined by 82 pips or 0.65% against the Canadian Dollar since yesterday's trading session. The currency pair was pressured lower by the 50– hour simple moving average.
Australia's dollar fell by 46 pips or 0.58% against the US Dollar on Tuesday. The decline was stopped by the 50– hour simple moving average at 0.7900 during yesterday's trading session.
The EUR/JPY currency pair bounced off a support line formed by the 200– hour simple moving average at 127.69 on Tuesday. As a result, the exclusive European currency has surged by 61 pips or 0.47% since yesterday's trading session.
The XAU/USD exchange rate has raised to the 1,815.00 level.
During today's morning hours, the USD/JPY currency pair reversed north from the 104.95 mark.
Since Monday afternoon, the GBP/USD exchange rate has been testing the weekly R1 at 1.4092.
During Monday morning, the EUR/USD currency pair bounced off the resistance level at 1.2180.
The New Zealand Dollar surged by 55 pips or 0.75% against the US Dollar on Monday. The NZD/USD currency pair tested the 0.7340 level during yesterday's trading session.
During the first half of Monday's trading session, the US Dollar surged by 63 pips or 0.50% against the Canadian Dollar. However, the USD/CAD exchange rate abandoned the earlier gains at the end of the day.
The Australian Dollar surged by 64 pips or 0.81% against the US Dollar on Monday. The currency pair tested the upper line of an ascending channel pattern at 0.7920 during yesterday's trading session.
The common European currency fell by 62 pips or 0.49% against the Japanese Yen on Monday. The decline was stopped by the 200– hour simple moving average at 127.63 during yesterday's trading session.
On Friday, the XAU/USD exchange rate reversed north from the lower boundary of the falling wedge pattern.
At the end of last week, the USD/JPY currency pair reversed north from the 200-hour SMA near 105.20.
Since Friday afternoon, the GBP/USD exchange rate has been testing the 1.4040 level.
On Friday, the EUR/USD currency pair failed to exceed the psychological level at 1.2140.
Upside risks pressured the New Zealand Dollar higher against the US Dollar on Friday. The NZD/USD currency pair surged by 108 pips or 1.50% during Friday's trading session.
Downside risks dominated the US Dollar against the Canadian Dollar on Friday. As a result, the USD/CAD exchange rate declined by 117 pips or 0.92% during Friday's trading session.
Upside risks dominated the Australian Dollar against the US Dollar on Friday. As a result, the AUD/USD currency surged by 110 pips or 1.42% during Friday's trading session.
During the first half of Friday's trading session, the Eurozone single currency surged by 45 pips or 0.35% against the Japanese Yen. However, the currency pair surrendered the earlier gains at the end of the trading day.
As the resistance of the 55-hour simple moving average approached the yellow metal's price from above, it pushed it into a test of the lower trend line of the recently added declining wedge pattern. On Friday morning, the lower trend line of the pattern was pierced, as the metal shortly traded below it before retracing back up. In the near term
On Friday morning, the USD/JPY passed the support of the 100-hour SMA and the pivot point at 105.62. This resulted in a sharp decline that was expected to look for support first in the 200-hour SMA at 105.20 and afterwards the 105.00 mark. If any of the mentioned support levels start a surge, the rate would test the combined resistance of